Global Stocks Retreat, Ending Win Streak, as Wall Street Slides Offset Cooling Inflation
• Global stocks fall, ending 10-day winning streak, as late slide on Wall Street offsets cooling inflation data • Chinese markets continue underperformance, with Shanghai index heading for 6th straight weekly loss, worst run in 12 years • Hong Kong inflation rises to 2.7% annually in October; figure for November expected Thursday • Bank Indonesia expected to hold rates steady for 2nd month, though cuts could come sooner amid tame inflation and Fed rate cut forecasts • Other data due Thursday Indonesian policy decision, Hong Kong trade figures, South Korean producer prices